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3 years ago

10

Hiring managers and college admissions officers are some of the people who use social media and other Internet resources to rese

arch candidates for employment.
True
False

2 answers:

OlgaM077 [116]3 years ago

5 0

It is false they use resumes and diploma info

andre [41]3 years ago

3 0

True, many employers now a days lurk through Social media to see what kind of person their new hire or candidate is.

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You have just received notification that you have won the $1.4 million first prize in the Centennial Lottery. However, the prize

Arada [10]

Answer:

Present value = $6404.20

Explanation:

Data provided in the question :

Amount of the Centennial lottery prize won = $1.4 million = $1,400,000

Time after which the amount will be received, n = 70 years

Discount rate, r = 8%

Now,

the present values is given as:

$\textup{Present value}=\frac{\textup{Principle amount}}{(1+r)^n}$

on substituting the respective values, we get

$\textup{Present value}=\frac{\textup{$1,400,000}}{(1+0.08)^70}$

or

Present value = $6404.20

6 0

3 years ago

"After a severe hurricane in South Carolina, the price of electric generators quadrupled. People living outside of South Carolin

Alona [7]

Answer:

Arbitrage

Explanation:

Arbitrage occurs when the same good sells for different prices at different market. This price difference allows market participants to earn riskless profit .

In this case, the generator is more expensive in South Carolina when compared with other places. Thus, in order to earn riskless profit, people would buy where it is cheaper and sell at South Carolina where it is more expensive.

Economic theory suggest that if this kind of buying continues, soon the prices would be the same in both markets .

I hope my answer helps you

5 0

3 years ago

Read 2 more answers

The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past

Naddik [55]

Answer:

$633,000.

Explanation:

We use the High-low method to get the cost formula:

$\left[\begin{array}{ccc}High&14,250&710,000\\Low&9,250&570,000\\Diference&5,000&140,000\\\end{array}\right]$

This means 5,000 machine hours generate 140,000 labor cost

We divide and get the variable cost generate per machine hour:

Cost 140000

machine hours 5000

140,000/5,000 = 28

variable cost 28

Next, we use this to calculate the fixed cost:

total cost = variable cost + fixed cost

fixed cost = total cost - 28 X DL

<u>High:</u>

Total Cost 710,000

Variable 399,000 (14,250 x 28)

Fixed Cost 311,000

<u>Low:</u>

Total Cost 570,000

Variable 259,000 (9,250 x 28)

Fixed Cost 311,000

Now with the cost formula we solve for 11,500 machine hours

cost = 311,000 + 28 X Machine Hours

cost = 311,000 + 28 x 11,500

cost = 633,000

6 0

3 years ago

Carr Corp. declared a 7% stock dividend on its common stock. The dividend:

oksano4ka [1.4K]

Answer:

C) has no effect on Carr's earnings and profits for federal income tax purposes.

Explanation:

A stock dividend means that the corporation issues its existing shareholders more stock.

In essence, the corporation is merely diluting the proportional ownership interest of existing shares.

This has no effect on the corporation's earnings and profits for federal income tax purposes.

Therefore, the dividend has no effect on Carr's earnings and profits for federal income tax purposes.

4 0

2 years ago

When we are doing the double entry for the closing inventory, why do we credit the inventory? I understand why we debit the clos

anastassius [24]

Answer:

Debiting in this case means to add to the inventory. Therefore, crediting means that inventory was used up when closing inventory.

Explanation:

A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

3 0

2 years ago